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Sunday, March 25, 2012

Current Affairs Related to Trade and Industry

Trade and Industry Quiz

1) As per the advanced estimates of CSO for the year 2011-2012, the GDP growth rate has been estimated as-
a) 7.6%
b) 6.9%
c) 6.4%
d) 6.1%

Ans b

2) The Primary growth in advance estimates for 2011-12 was 2.5% which was ............. in 2010-11-
a) 5.4%
b) 6.4% 
c) 7.0%
d) 7.3%

Ans c

3) 'Sensitive Sector' as defined by RBI includes-
a) Capital market
b) Real Estate
c) Commodities
d) All of the above

Ans d

4) PMEAC has revised its GDP growth estimates for 2011-12 to 7.1% and projected GDP growth for 2012-13 at-
a) 7.0% - 7.4%
b) 7.5% - 8.0%
c) 8.1% - 8.3%
d) 8.5 % 

Ans b

5) The newly Launched CPI-based inflation for Jan 2012 on Point to Point basis is 7.65%. This inflation has the base year-
a) 2004
b) 2006
c) 2008
d) 2010

Ans d

6) The new Chairman of FICCI( Federation of Indian Chamber of Commerce and Industry )  Who took charge in Jan 2012 is-
a) Harsh Mariwala
b) R.V.Kanoria
c) Naina lal Kidwai
d) Siddharath Birla

Ans b

7) As Per the advance estimates of CSO, the estimates growth  rate in tertiary( Service) sector for 2011-12 is-
a) 8.6% 
b) 9.0% 
c) 9.4% 
d) 9.8% 

Ans c

8) Which of the following Sector show the negative growth in the advanced estimates of CSO for the year 2011-12
a) Mining and Quarrying
b) Agriculture and Fisheries
c) Manufacturing
d) Electricity, Gas and water Supply

Ans a

9) Which organization is meant to ensure exports from India
a) EXIM Bank
b) ECGC
c) Ministry of Commerce
d) None of the above

Ans b

10) Which of the following is considered lending for Promotion of Exports?
a) Packing Credit
b) Overdraft
c) Cash Credit Account
d) Bill Discounting

Ans a

11) Which of the following major Part in India Celebrated its golden Jubilee in Jan 2012 ?
a) Kolkata / Haldia Port
b) Paradeep Port
c) Vishakhapatnam Port
d) Kandla Port

Ans b

12) As per India state of Forest Report 2011, the state having the Max forest area is-
a) Arunachal Pradesh
b) Rajasthan
c) Madhya Pradesh
d) Uttar Pradesh

Ans c


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